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Full-Text Articles in Economics

Burden Of Atopic Dermatitis In The United States: Analysis Of Healthcare Claims Data In The Commercial, Medicare, And Medi-Cal Databases, Sulena Shrestha, Raymond Miao, Li Wang, Jingdong Chao, Huseyin Yuce, Wenhui Wei Jul 2017

Burden Of Atopic Dermatitis In The United States: Analysis Of Healthcare Claims Data In The Commercial, Medicare, And Medi-Cal Databases, Sulena Shrestha, Raymond Miao, Li Wang, Jingdong Chao, Huseyin Yuce, Wenhui Wei

Publications and Research

Comparative data on the burden of atopic dermatitis (AD) in adults relative to the general population are limited. We performed a large-scale evaluation of the burden of disease among US adults with AD relative to matched non-AD controls, encompassing comorbidities, healthcare resource utilization (HCRU), and costs, using healthcare claims data. The impact of AD disease severity on these outcomes was also evaluated.


The Impact Weather Has On Nyc Citi Bike Share Company Activity, Mark Martinez Jul 2017

The Impact Weather Has On Nyc Citi Bike Share Company Activity, Mark Martinez

Journal of Environmental and Resource Economics at Colby

This paper seeks to figure out the effect weather has on individuals’ behavior. A more focused approach to determining this effect is seeing how different weather conditions ranging from the temperature, the precipitation, the amount of inches of snowfall and the wind speed effect the ridership of Citi Bikes throughout all four seasons. The approach of this research paper is using data from the National Climatic Data Center that focuses in on the weather found in Manhattan, New York and correlates each of the weather conditions to the total number of trips per day that is provided by the Citi …


Electricity Demand Due To Policy Change In The U.K., Kevin W. Doherty Jul 2017

Electricity Demand Due To Policy Change In The U.K., Kevin W. Doherty

Journal of Environmental and Resource Economics at Colby

This paper examines United Kingdom Electricity Demand with regards to the Climate Change Act, which was enacted in November of 2008. Through actual demand data obtained from Nationalgrid, a U.K. based gas and electric utility company, this paper seeks to find out if the Climate Change Act has started to achieve its goal of reducing carbon emissions by looking at trends of electricity demand. Burning fossil fuels to produce electricity is a major contributor to global warming in the U.K. and policies enacted do not always live up to their ultimate goals. This paper tests how on track the Climate …


The Demographic Drivers Of California’S Environmental Voting, Lukas Yasuda Jul 2017

The Demographic Drivers Of California’S Environmental Voting, Lukas Yasuda

Journal of Environmental and Resource Economics at Colby

This study examines the demographics of California’s 53 congressional districts and the relationship with the voting patterns on three environmentally focused propositions in the 2008 and 2010 elections. Previous literature on the topic is mixed as some studies suggest that select attributes are found among environmental voting centers, yet other research describes the relationship as more complex than simple characteristics. Previous literature on the topic is mixed, with some studies suggesting that select attributes are found among environmental vote support hubs, whereas alternative research suggests the problem is more complex than simple characteristics. I collected data on income, education, age, …


The Long-Term Effect Of State Renewable Energy Incentive Programs, Fred Bower Jul 2017

The Long-Term Effect Of State Renewable Energy Incentive Programs, Fred Bower

Journal of Environmental and Resource Economics at Colby

Abstract: Renewable energy is praised for its environmental benefits and long run energy savings, however, for the average consumer, the up-front cost of this infrastructure deters investment. On the Federal and state level, incentive programs have been implemented to break down these initial barriers and give easier access to renewable energy. Studies have shown that these incentive programs have been successful at the consumer level (Crago, 2014). What policy makers and government officials should maybe be more concerned with though, is the long-term effect of these programs. This paper will analyze the long-term effect of renewable energy incentive programs beyond …


How Individuals React To Smog Alerts In Beijing --Evidence From Beijing Subway Volume, Hanjing Shi Jul 2017

How Individuals React To Smog Alerts In Beijing --Evidence From Beijing Subway Volume, Hanjing Shi

Journal of Environmental and Resource Economics at Colby

This paper is going to find out the impact of smog alerts on individuals’ outdoor activities in Beijing. I use the subway volume to represent the outdoor activities. There are four levels of smog alerts in Beijing – blue, yellow, orange, and, red. The blue one is the lowest, and the red one is the highest. People in Beijing in all do not react to smog alerts in all statistically significant both on working days and weekends. But when combine orange alerts and red alerts together, the results show that people react to severe alerts differently during non-weekend days and …


Nudging Neighbors: Analyzing Peer Effects Of The Lakesmart Program In The Belgrade Lakes, George A. Voigt Jul 2017

Nudging Neighbors: Analyzing Peer Effects Of The Lakesmart Program In The Belgrade Lakes, George A. Voigt

Journal of Environmental and Resource Economics at Colby

Peer effects are an increasingly studied field in economics, and can have large impacts at a local level. In this research we seek to identify whether there is an impact of early adopters on their neighbors to become adopters. The scope for this study is the LakeSmart program that operate in Maine. Specifically we are focusing on the Belgrade lakes, and analyzing data from 2005 to present in addition with a survey of demographic characteristics conducted in 2011. Results suggest that the impact of a neighbor on the likelihood of a household to be LakeSmart certified is statistically significant and …


Water Restrictions And Water Use: An Analysis Of Water Restriction Effects In Norfolk County, Rebecca L. Robinson, Ashley Conley Jul 2017

Water Restrictions And Water Use: An Analysis Of Water Restriction Effects In Norfolk County, Rebecca L. Robinson, Ashley Conley

Journal of Environmental and Resource Economics at Colby

This paper aims to determine what effect water restrictions in Norfolk County, Massachusetts have on residential water usage. Using data from the Massachusetts Department of Environmental Protection, this paper analyzes subsequent municipal water usage within and across towns after water restrictions, both mandatory and voluntary, are implemented. Accounting for town fixed effects, the results indicate that for some towns, water restrictions do in fact have a significant impact on decreasing water usage.


The Epa's Air Quality Index, And Public Transportation Usage In The Chicago Metro Region, Nicholas R. Rosenberg Jul 2017

The Epa's Air Quality Index, And Public Transportation Usage In The Chicago Metro Region, Nicholas R. Rosenberg

Journal of Environmental and Resource Economics at Colby

This paper assesses whether air quality influences public transportation ridership in the city of Chicago. Urban air pollution is a serious health risk, and a priority of urban municipalities. Public transportation is an attractive option for governments attempting to curb urban air emissions. I use data from the Chicago Transit Authority (CTA) and the EPA’s Air Quality Index (AQI) to explore the relationship between a day’s air quality and CTA ridership. I employ three different model specifications, rail, bus and total ridership, to test whether high AQI values (poor air quality) result in increased public transportation ridership in the city …


The Effects From Public Transportation On Property Values: A Closer Look At Scituate, Hanover, And Norwell, Massachusetts, Alexandra Taylor Perticone, Christine S. Coveney Jul 2017

The Effects From Public Transportation On Property Values: A Closer Look At Scituate, Hanover, And Norwell, Massachusetts, Alexandra Taylor Perticone, Christine S. Coveney

Journal of Environmental and Resource Economics at Colby

Prior studies have expressed the value of location in real estate, but more recent studies have explored the influence that public transportation has had on housing prices. Access to public transportation is understood to increase the value of homes. Easier access to public transportation allows for shorter and more convenient commutes into or within cities. However, other studies have found that proximity to public transportation can also have adverse effects on property values. This paper investigates whether the implementation of the Greenbush Commuter line in Massachusetts in October 2007 increased the housing prices in Scituate, Ma--the furthest town from the …


When Trash Costs Money: Analyzing The Impact Of Pay-As-You-Throw Programs In Massachusetts, Thomas W. Barry Iv Jul 2017

When Trash Costs Money: Analyzing The Impact Of Pay-As-You-Throw Programs In Massachusetts, Thomas W. Barry Iv

Journal of Environmental and Resource Economics at Colby

This paper evaluates whether municipalities with Pay-As-You-Throw (PAYT) programs dispose of less trash per household than municipalities without them. Given how much trash U.S. residents produce, the negative environmental effects associated with trash disposal, as well as how much the U.S. Environmental Protection Agency advocates for PAYT, it is important to closely analyze whether these programs actually do their job. This paper formally analyzes the effects of PAYT programs using the Massachusetts Department of Environmental Protection’s trash disposal data from 2011-2015. After controlling for municipality and time heterogeneity, my analysis shows that PAYT programs reduce trash per household by a …


Invited Introduction To Jerec, Matthew Kahn Jul 2017

Invited Introduction To Jerec, Matthew Kahn

Journal of Environmental and Resource Economics at Colby

No abstract provided.


Welcome By The Editor, Nathan W. Chan Jul 2017

Welcome By The Editor, Nathan W. Chan

Journal of Environmental and Resource Economics at Colby

No abstract provided.


Advancing Rationality With Sustainability: An Analysis Of Agent-Based Simulation, Osman Goktug Tanrikulu Jun 2017

Advancing Rationality With Sustainability: An Analysis Of Agent-Based Simulation, Osman Goktug Tanrikulu

Hatfield Graduate Journal of Public Affairs

Today, falling trends of species and ecosystem in the world due to overconsumption and destruction of natural resources are at critical levels. It is vital for humanity to operate with sustainable and resilient modes of production and consumption. In this regard, this paper examines the basic premise of rationality and introduces sustainability as an advancement to the theoretical concept of rationality. Thus, a rational mindset and a sustainable mindset are compared under depletion of environmental resources. The understanding of rationality in the analysis is based on Garett Hardin’s (1968) ‘the tragedy of the commons’ model, in which actors are self-interested …


Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets Jun 2017

Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets

Journal of Ocean and Coastal Economics

Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2.1 billion to $3.5 billion with economic activity …


The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation, Jason D. Scorse, Shaun Richards, Philip King Jun 2017

The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation, Jason D. Scorse, Shaun Richards, Philip King

Journal of Ocean and Coastal Economics

A lot of discussion and controversy has surrounded whether the “market transfer” effect in the Hawaii longline swordfish fishery occurred during the swordfish closure of 2001-2004, because of its potential impacts on sea turtle mortality. The primary academic work in support of the market transfer effect during the closure is a paper by Rausser et al. (2009): “Unintended Consequences: The Spillover Effects of Common Property Regulations.” In this paper, the authors claim to find evidence in support of the market transfer hypothesis.To our knowledge, no analysis has yet been undertaken to assess whether this analysis is sound, and yet it …


Considerations Of Socio-Economic Input, Related Challenges And Recommendations For Ecosystem-Based Maritime Spatial Planning: A Review, Mavra Stithou Jun 2017

Considerations Of Socio-Economic Input, Related Challenges And Recommendations For Ecosystem-Based Maritime Spatial Planning: A Review, Mavra Stithou

Journal of Ocean and Coastal Economics

Socio-economics in an ecosystem-based Marine Spatial Planning (MSP) process cover a wide range from specifying socio-economic objectives, respective indicators, organising stakeholder engagement, to data, methods and tools (e.g., environmental valuation and cost-benefit analysis) for example to identify issues, assess ecosystem services, provide an insight on human behaviour and compare alternative marine plans with potentially competing goals. In addition, social principles such as that of social equity have an important role to play in achieving sustainability in marine management. However, the use of socio-economics in making the ecosystem-based MSP framework operational, poses certain challenges to researchers, regulators and policy-makers. The purpose …


Quantum Ideas In Economics Beyond Quantum Econometrics, Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta Jun 2017

Quantum Ideas In Economics Beyond Quantum Econometrics, Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta

Departmental Technical Reports (CS)

It is known that computational methods developed for solving equations of quantum physics can be successfully applied to solve economic problems; there is a whole related research area called quantum econometrics. Current quantum econometrics techniques are based on a purely mathematical similarity between the corresponding equations, without any attempt to relate the underlying ideas. We believe that the fact that quantum equations can be successfully applied in economics indicates that there is a deeper relation between these areas, beyond a mathematical similarity. In this paper, we show that there is indeed a deep relation between the main ideas of …


Optimized Forecasting Of Dominant U.S. Stock Market Equities Using Univariate And Multivariate Time Series Analysis Methods, Michael Schwartz May 2017

Optimized Forecasting Of Dominant U.S. Stock Market Equities Using Univariate And Multivariate Time Series Analysis Methods, Michael Schwartz

Computational and Data Sciences Theses

This dissertation documents an investigation into forecasting U.S. stock market equities via two very different time series analysis techniques: 1) autoregressive integrated moving average (ARIMA), and 2) singular spectrum analysis (SSA). Approximately 40% of the S&P 500 stocks are analyzed. Forecasts are generated for one and five days ahead using daily closing prices. Univariate and multivariate structures are applied and results are compared. One objective is to explore the hypothesis that a multivariate model produces superior performance over a univariate configuration. Another objective is to compare the forecasting performance of ARIMA to SSA, as SSA is a relatively recent development …


The Economics Of The Right To Be Forgotten, Byung-Cheol Kim, Jin Yeub Kim May 2017

The Economics Of The Right To Be Forgotten, Byung-Cheol Kim, Jin Yeub Kim

Department of Economics: Faculty Publications

Scholars and practitioners debate whether to expand the scope of the right to be forgotten—the right to have certain links removed from search results—to encompass global search results. The debate centers on the assumption that the expansion will increase the incidence of link removal, which reinforces privacy while hampering free speech. We develop a game-theoretic model to show that the expansion of the right to be forgotten can reduce the incidence of link removal. We also show that the expansion does not necessarily enhance the welfare of individuals who request removal and that it can either improve or reduce societal …


A Tournament Approach To Price Discovery In The Us Cattle Market, Jeffrey Wright May 2017

A Tournament Approach To Price Discovery In The Us Cattle Market, Jeffrey Wright

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Cattle price discovery is a process of determining the price in the market through the interactions of cattle buyers (packers) and sellers (ranchers). Locating the price discovery center or market, and estimating price interactions among the regional fed cattle markets and also among feeder cattle markets can help define a relevant fed cattle procurement market. This research identifies that the U.S. cattle markets is discovered in the futures markets, feeder cattle futures and fed futures.


In Solidarity, Musselman Library, Salma Monani, Sarah M. Principato, Dave Powell, Brent C. Talbot, Charles L. Weise, Bruce A. Larson, Scott Hancock, Mckinley E. Melton, David S. Walsh, Jennifer Q. Mccary, Kristina G. Chamberlin Apr 2017

In Solidarity, Musselman Library, Salma Monani, Sarah M. Principato, Dave Powell, Brent C. Talbot, Charles L. Weise, Bruce A. Larson, Scott Hancock, Mckinley E. Melton, David S. Walsh, Jennifer Q. Mccary, Kristina G. Chamberlin

Next Page

This edition of Next Page is a departure from our usual question and answer format with a featured campus reader. Instead, we asked speakers who participated in the College’s recent Student Solidarity Rally (March 1, 2017) to recommend readings that might further our understanding of the topics on which they spoke.


Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola Apr 2017

Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola

Honors Projects in Economics

Increasing weather variability around the world has led to many researchers examining the impacts of weather variability on vulnerable industries. For example, the tourism industry can make up a large portion of an economy’s growth, with some of the most dependent countries relying on tourism for over 40% of GDP (World Travel & Tourism Council 2014). In an attempt to better understand the relationship between weather variability and the tourism industry at the country level, this study employs a series of fixed effects panel regression models to analyze the impact of rainfall and temperature on tourism levels and growth rates …


Volatility Analysis Of Us Equity And Federal Funds Markets Through The Recent Financial Crisis And Recovery Periods, Based On Release Of Fomc Meeting Statements And Minutes, Hanxiao Yue Apr 2017

Volatility Analysis Of Us Equity And Federal Funds Markets Through The Recent Financial Crisis And Recovery Periods, Based On Release Of Fomc Meeting Statements And Minutes, Hanxiao Yue

Student Theses and Dissertations

The Federal Open Market Committee (FOMC) is the principal maker of monetary policy in the United States. The main instrument of monetary policy is the target federal funds rate, which is de facto the base interest rate of the US economy. The FOMC meets around eight times a year to discuss the economic outlook and decide on this metric. Throughout most of its history, the Fed has been opaque about how it decides on monetary policy, but in recent years it has adopted a more transparent disclosure policy. For each FOMC meeting, it currently releases a brief statement immediately after …


Dollars From The Sea: Jacksonville And The Ocean Business, Committee Of 100 Jacksonville Area Chamber Of Commerce Mar 2017

Dollars From The Sea: Jacksonville And The Ocean Business, Committee Of 100 Jacksonville Area Chamber Of Commerce

City and Regional Planning -- Florida

Book details Jacksonville's oceanographic history 1967-1974


The Gettysburg Economic Review, Volume 10, Spring 2017 Jan 2017

The Gettysburg Economic Review, Volume 10, Spring 2017

Gettysburg Economic Review

No abstract provided.


Comparison Of Sustainable Development In Three Countries, Brittany Williams Jan 2017

Comparison Of Sustainable Development In Three Countries, Brittany Williams

School of Human Sciences Research Showcase

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It contains within it two key concepts: the concept of needs, in particular the essential needs of the world's poor, to which overriding priority should be given; and the idea of limitations imposed by the state of technology and social organization on the environment's ability to meet present and future needs.


To Nudge Or Not To Nudge: Promoting Environmentally Beneficial Behaviors, Emma Jean Cooper Jan 2017

To Nudge Or Not To Nudge: Promoting Environmentally Beneficial Behaviors, Emma Jean Cooper

Bard Center for Environmental Policy

In order to mitigate the effects of climate change, humans need to change how they act toward the environment. Unfortunately, as much as we may want to act in ways that would be best for us and for the environment, we often struggle to do just that due to cognitive biases. Nudge theory attempts to remedy this problem by helping us make the decision that would be in our best interests. To explore this issue, I conduct an extended review of the literature to examine how well nudge theory can be applied to the realm of environmental policy. Specifically, I …


Is There A Path For Green Growth? Evidence From India, Thuc Anh Thi Trinh Jan 2017

Is There A Path For Green Growth? Evidence From India, Thuc Anh Thi Trinh

Gettysburg Economic Review

This paper uses historical temperature fluctuations in India to identify its effects on economic growth rates. Using a climate-adjusted form of the Solow growth model, I find that one degree Celsius increase in temperature decreases GDP per capita growth by 0.71%. This finding informs debates over the role of climate on economic development and suggests the possibility of a green path for economic growth, a policy agenda that is both sustainable and pro-growth.


Household Food Vulnerability Under An Extreme Weather Event In Sta. Cruz Subwatershed, Laguna, Philippines, Karen P. Quilloy, Agnes C. Rola Jan 2017

Household Food Vulnerability Under An Extreme Weather Event In Sta. Cruz Subwatershed, Laguna, Philippines, Karen P. Quilloy, Agnes C. Rola

Journal of Economics, Management and Agricultural Development

This study is an assessment of the vulnerability of households to food insecurity under an extreme weather event. A subjective-qualitative technique primarily based on the perceived food security status of the households and their food insecurity coping strategies was used to examine household food vulnerability. Key findings reveal that households living in the vulnerable areas of Sta. Cruz subwatershed were generally resilient to extreme weather events and only suffered from slight to moderate form of food security problems. Impacts of extreme weather events on them were generally moderate but the highest impact was observed in their income sources, logistics, and …